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31713802
31713803

489 Farmington Falls Rd, Farmington, ME 04938

NF
ME BR922159, NH 075665
KW Commercial Greater Portland
RD
ME BA923379, MA 9550153
KW Commercial Greater Portland
Listed by KW Commercial Greater Portland
$1,795,000
76 days on market
Updated 63 days ago

Western Maine Motel

Details
Property Type Hospitality
Sub Type Motel
Square Footage 10,038
Keys 39
Price per SqFt $179
Year Built 1977
Buildings 2
Stories 1
Acreage 6.250
Zoning Commercial
Investment Type Stabilized

Western Maine Motel | 39 Keys | $50,000/key

Marketing description

The Farmington Motel is a 39-unit lodging property located along Route 2 in Farmington, Maine, offering strong visibility and a mix of seasonal and year-round demand. The property sits on 6.25 acres near the University of Maine at Farmington, regional lakes, and outdoor recreation, supporting consistent leisure, contractor, and extended-stay occupancy.

Current ownership operates the asset absentee, leaving clear opportunities to improve performance through more active management. A new owner can enhance revenue with stronger OTA optimization, dynamic pricing, and expanded digital marketing. Several units feature kitchenettes, creating flexibility to grow weekly and monthly rentals, particularly during the off-season.

With targeted upgrades and disciplined operations, the Farmington Motel presents a compelling value-add opportunity to increase revenue, improve margins, and stabilize cash flow in a well-established western Maine market.

Investment highlights

  • 39 guestrooms, including suites and select units with kitchenettes
  • Two-bedroom owner/manager's apartment
  • In-house laundry as well as guest coin-op laundry
  • 6.25 acres
  • Close to lakes, skiing, and 4-season outdoor recreation
  • Also available as part of a portfolio

Listing Contacts

NF
ME BR922159, NH 075665
KW Commercial Greater Portland
RD
ME BA923379, MA 9550153
KW Commercial Greater Portland
Listed by KW Commercial Greater Portland

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Zoning

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F-F AgricultureFarm And Forest
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Last updated Apr 24, 2026 For deeper zoning details, reports are available at Zoneomics

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